We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · BB11 3LS
Listing removedReduced £4k (−5.7%) on 21 JunListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This mid-terrace property, located in a convenient area of Burnley, presents an excellent investment opportunity for landlords or buyers looking to add value.
The accommodation briefly comprises a lounge leading through to the kitchen on the ground floor. To the first floor there are two well-proportioned bedrooms and a good-sized family bathroom.
The property would benefit from light cosmetic improvement, offering purchasers the opportunity to modernise to their own taste and enhance its overall value and rental potential.
The property is ideally positioned close to the local train station, Burnley town centre and a range of everyday amenities.
It is also within easy reach of Burnley Football Club, making the location attractive for tenants and owner occupiers alike.
Overall, this is a well-located mid-terrace home with strong potential, ideal for investors seeking a straightforward project in a popular and accessible area. Contact Open House Lancashire today!
Council Tax Band: A Tenure: Leasehold
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 29 Parkinson Street, Burnley
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